Stock AnalizRoyal Gold Inc. RGLD
Precious Metals · data as of November 13, 2026
Royal Gold Inc. (RGLD) is a industrial company listed in the US with a market value of about $21.7B. In the twelve months to September 30, 2026 it had revenue of $1.8B and net income of $839M, a net margin of 47.7%.
Its overall Stock Analiz score is 3.6 out of 5 (good). The strongest part is financial health (5/5); the weakest is value (3/5).
Key numbers: a P/E of 26.2, a price to free cash flow of 18.7, 5-year revenue growth of 16% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 31% above the current price.
Score: 3.6 / 5
Checks passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Checks not passed
- P/E below 25
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
- Share count down over 3 years (buybacks)
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.0B | $719M | $606M | $603M | $654M | $499M | $423M | $459M | $441M | $289M |
| Net income | $839M | $466M | $332M | $239M | $239M | $274M | $199M | $94M | -$113M | $102M | -$77M |
| Free cash flow | $1.2B | — | — | — | — | — | — | — | — | — | — |
| EPS (diluted) | $9.80 | $6.69 | $5.04 | $3.63 | $3.63 | $4.17 | $3.03 | $1.43 | $-1.73 | $1.55 | $-1.18 |
| Net margin | 47.7% | 45.2% | 46.2% | 39.5% | 39.6% | 41.9% | 40.0% | 22.2% | -24.6% | 23.0% | -26.7% |
| ROIC | — | 6.5% | 10.7% | 8.2% | 7.5% | 10.6% | 6.1% | 5.0% | -2.4% | 3.9% | 0.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 12 analysts is $313.75, 22% above the current price; targets range from $223.00 to $380.00; the consensus rating is “Buy”; expected EPS is $10.70 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Royal Gold’s P/E ratio?
About 26.2, based on the last twelve months of diluted earnings per share (forward P/E about 20.9).
Is Royal Gold stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 31% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Royal Gold pay a dividend?
Yes. The dividend yield is about 0.71%, and it has paid dividends for 10 years in our data.
Is Royal Gold a good stock to buy?
We do not give buy or sell advice. Royal Gold scores 3.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.